"Obama confers with Chinese leader
WASHINGTON - President Obama told Chinese leader Hu Jintao in a telephone call yesterday that the two countries need to correct global trade imbalances and get credit markets flowing to fight the world economic crisis, the White House said.
"The two presidents discussed the international financial crisis and agreed that increased close cooperation between the US and China is vital," the White House said in a statement. "President Obama stressed the need to correct global trade imbalances as well as to stimulate global growth and get credit markets flowing."
You know, the constant repetition of crap lies is really getting to me.
See: U.S. Banks Driving Credit Crunch ON PURPOSE!!
Lenders abruptly cut lines of credit
No matter what article or what issue, it's just an unending stream of genda-pushing lies, isn't it?!
During the call, Hu acknowledged US efforts to address the world economic crisis and said the two countries should strengthen cooperation, China's Xinhua news agency said.
I don't know; Obama will have to check with Israel first.
The agency said Hu told Obama that China firmly opposes trade or investment protectionism as a result of the crisis and said Beijing would join Washington in promoting stable development at an economic summit in London in April.
China reacted angrily to statements by US Treasury Secretary Timothy Geithner's statement during his confirmation hearing last week that China was manipulating its currency to boost exports.
--more--"If we are in the SAME ECONOMIC BOAT then there should be NO WAR or WAR TALK, right?
